Closed-end-funds offer investors exposure to actively managed investment portfolios that oftentimes feature more dynamic strategies compared to passive ETFs. While many investors are attracted to the income profile of the various funds with corresponding impressively high yields and managed distributions, this article highlights the total return performance for CEFs year-to-date in 2020 across asset classes and market exposure.
CEFs Performance YTD 2020
Amid the global coronavirus pandemic and extreme market volatility, CEFs have not been spared from large losses. Across 496 CEFs we're tracking, we highlight that the average fund is down 19.6% year to